The Next Dogecoin? Top Trader Points To This Memecoin
2024年4月19日 - 8:30PM
NEWSBTC
Crypto trading sensation Ansem, known on X (formerly Twitter) as
@blknoiz06, has directed the market’s gaze towards the Bitcoin
Runes ecosystem, labeling it as the nascent grounds for the next
100x crypto opportunity, as NewsBTC reported yesterday. Ansem,
whose prowess is well-documented through his previous astronomical
gains of 170x on Solana (SOL), 520x on dogwifhat (WIF), and 80x on
Bonk (BONK), stirred the crypto community with his recent Dogecoin
comparison. On the cusp of Bitcoin’s highly anticipated halving
today, Ansem doubled down on his initial assessment, particularly
highlighting two tokens within the Bitcoin Runes ecosystem: Bitcoin
Wizards (WZRD) and PUPS. He equates WZRD with Dogecoin, suggesting
it has the potential to mirror Dogecoin’s viral success. In
contrast, he compares PUPS to the lesser-known but highly
profitable dogwifhat (WIF). Related Reading: Elon Musk Latest
Tweet: How Much Did Dogecoin Gain From It Today? In a tweet that
caught the eye of both investors and enthusiasts, Ansem elaborated
on his reasoning behind the picks, stating: Great thread, been
saying, I believe Runes are next asymmetric 100x opp in crypto. The
meme that got DOGE founder interested in Bitcoin & the phrase
magic internet money is still used today – representative of
bitcoin culture. DOGE equivalent = WZRD, WIF equivalent = PUPS.
Ansem references a thread on X by Immutable Edge (@ImmutableSOL),
who delved into the historical and cultural significance of the
“Magic Internet Money” meme, originally sparked by mavensbot’s
viral Reddit ad. The “Magic Internet Money” meme dates back to
February 18, 2013, when mavensbot, a digital artist, submitted a
hand-drawn depiction of a blue wizard to promote Bitcoin on Reddit.
This ad, created during Bitcoin’s early adoption phase, was crucial
in cultivating a cultural ethos around Bitcoin. It resonated deeply
within the community, encapsulating the whimsical yet revolutionary
nature of Bitcoin’s rise. The ad’s simplicity and authenticity
resonated with the Reddit community, propelling Bitcoin from a
niche internet experiment to a major financial phenomenon. Within
weeks of the ad’s debut, Bitcoin’s value surged from $27 to a
record high of $1,132 by November 2013. Related Reading: Dogecoin
Flashes Weekly Golden Cross: Why This Analyst Believes The Bull
Rally Is Far From Over Bitcoin Wizards, one of the highlighted
tokens, aims to rekindle this original spirit. The token leverages
the iconic imagery and cultural narrative of the “Magic Internet
Money” meme to foster a new wave of interest and adoption. The
creators of WZRD are not only paying homage to Bitcoin’s roots but
are also embedding this storied meme within the mechanics of a
modern cryptocurrency, aiming to capture both nostalgia and
innovation. The Bitcoin Wizards project is part of the broader
Bitcoin Runes ecosystem, which reached a lot of hype prior to its
launch. According to Ansem, WZRD’s history and deep roots in memes
give it the perfect ingredients to become the next Dogecoin, just
on Bitcoin Runes. Moreover, the analyst assessment comes at a
critical time for the crypto market, which is often influenced by
the narratives that capture the community’s imagination. As the
Bitcoin halving event unfolds, many eyes will be on the Bitcoin
Runes ecosystem to see if it can indeed replicate the meteoric
rises seen in BRC-20 tokens and Ordinals. At press time, WZRD
traded at $12.15, up 70% in the last 24 hours. Featured image
created with DALL·E, chart from TradingView.com
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